£1,034,823
This estimated value is based upon the latest sale price for the house of £596,000 on 24 Nov 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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83 Acre Lane, Brixton, London, SW2 5TN
Phone: 02035440904
Price Paid | Date |
---|---|
£596,000 | 24 Nov 2011 |
£550,000 | 27 May 2010 |
£395,000 | 23 Nov 2005 |
£120,000 | 4 Mar 1997 |
£111,000 | 15 Jan 1997 |
Terraced |
Freehold |
Floor Area: 110 sq meters or 1,190 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in November 2011 the House Price Index for GREATER LONDON was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.628%.Applying this 73.628% change to the original purchase price of £596,000 results in an estimated price of approximately £1,034,823.
24 Nov 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 149.7 | 73.628 % | £596,000 | £438,823 | £1,034,823 |
The Postcode Pricing Model uses changes in average sales price within the SW2 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 83.457 % | £497,400 | £1,093,400 |
3 Month Average | 71.709 % | £427,387 | £1,023,387 |
6 Month Average | 62.493 % | £372,456 | £968,456 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Nov 2023 | £564,325 | £550,000 | 31A BALLATER ROAD |
30 Jan 2023 | £449,571 | £448,370 | FLAT 1 4 BALLATER ROAD |
11 Nov 2022 | £848,532 | £852,500 | GROUND FLOOR AND BASEMENT FLAT 2 TINTERN STREET |
1 Jun 2022 | £1,124,027 | £1,100,000 | 40 BALLATER ROAD |
9 May 2022 | £564,712 | £550,000 | SECOND AND THIRD FLOOR FLAT 2 TINTERN STREET |
This house has a floor area of 110 sq meters or 1,190 sq feet when measured on 16 May 2011. Using an estimated price of £1,034,824 means this house is valued at £9,356 per sq meter (£869 per sq foot).
The average size of a house on BALLATER ROAD is 89 sq meters (961 sq feet).